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Last Updated on: 22 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of State Trading Corporation of India Ltd (STCINDIA)

About the Company - State Trading Corporation of India Ltd (STCINDIA)

State Trading Corporation Of India Ltd. is a Public Limited Listed company incorporated on 31/12/1956 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74899DL1956GOI002674 and registration number is 002674. Currently company belongs to the Industry of Trading. Company’s Total Operating Revenue is Rs. 0.00 Cr. and Equity Capital is Rs. 60.00 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Trading & DistributorsJawahar Vyapar Bhavan, Tolstoy Marg, New Delhi Delhi 110001co@stclimited.co.in
http://www.stclimited.co.in
Management
NamePosition Held
Mr. Hardeep SinghChairman & Managing Director
Mr. Kapil Kumar GuptaDirector - Finance
Dr. Bhim SinghDirector
Mr. Manjeet Kumar RazdanDirector
Dr. Vivek Atul BhuskuteDirector
Mr. Ashok Kumar AseriDirector
Dr. Rohini Sanjay KacholeDirector
Mr. Divakar Shetty KaupDirector
Mr. Naresh Dhanrajbhai KellaDirector
Mr. Satish Kumar ChawlaDirector
Mrs. Arti BhatnagarGovernment Nominee Director
Mr. Vipul BansalGovernment Nominee Director

State Trading Corporation Of India Ltd. Share Price Update

Share PriceValue
Today₹173.20
Previous Day₹163.00

Basic Stock Data of State Trading Corporation of India Ltd (STCINDIA)

Market Cap 996 Cr.
Current Price 166
High / Low202/62.0
Stock P/E24.6
Book Value 778
Dividend Yield0.00 %
ROCE%
ROE%
Face Value 10.0

Data Source: screener.in

Competitors of State Trading Corporation of India Ltd (STCINDIA)

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Panabyte Technologies Ltd 12.3 Cr. 28.028.0/13.3 5.720.00 %2.26 %3.80 % 10.0
Aarnav Fashions Ltd 132 Cr. 31.241.3/25.2 41.40.00 %3.98 %0.25 % 10.0
Parker Agrochem Exports Ltd 9.85 Cr. 20.629.1/6.813.92 9.060.00 %22.7 %24.1 % 10.0
TIL Ltd 507 Cr. 506528/103 3110.00 %35.1 %% 10.0
MSTC Ltd 6,907 Cr. 9811,165/23929.6 1271.49 %37.9 %33.6 % 10.0
Industry Average133.43 Cr313.366.798.840.3%20.39%12.35%10

State Trading Corporation of India Ltd (STCINDIA) Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales152008-80000000
Expenses3012161218811121114131111
Operating Profit-16-10-16-12-10-16-11-12-11-14-13-11-11
OPM %-106%-493%-120%
Other Income171414-66234318202027182925
Interest0000000002000
Depreciation4540000000000
Profit before tax-3-1-7-7813268891151814
Tax %0%-18%0%0%0%172%0%0%0%37%1%0%-1%
Net Profit-3-1-7-7813-19889751814
EPS in Rs-0.53-0.22-1.09-12.962.09-3.171.271.321.481.210.823.002.33

State Trading Corporation of India Ltd (STCINDIA) Quarterly Chart

State Trading Corporation of India Ltd (STCINDIA) Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales30,90519,14715,53914,49410,6017,81410,8668,9032,937250000
Expenses30,99919,16115,51614,52610,7047,91810,9709,0263,063342544848
Operating Profit-94-1422-32-103-104-104-123-126-93-54-48-48
OPM %-0%-0%0%-0%-1%-1%-1%-1%-4%-37%
Other Income283204-356239294129334-6053560158594
Interest45246850656863372183615672222
Depreciation44521161717151616000
Profit before tax-267-282-845-381-457-712-623-899-114-50-413643
Tax %-0%1%0%-1%-1%-2%1%2%0%-0%-110%12%
Net Profit-268-278-845-386-462-729-618-883-114-50-873239
EPS in Rs-44.70-46.36-140.79-64.40-77.04-121.42-103.00-147.17-19.00-8.41-14.485.306.51
Dividend Payout %-4%-4%0%0%0%0%0%0%0%0%0%0%

State Trading Corporation of India Ltd (STCINDIA) Profit & Loss Yearly Chart

YoY Net Profit Growth
Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-3.73%-203.96%54.32%-19.69%-57.79%15.23%-42.88%87.09%56.14%-74.00%136.78%
Change in YoY Net Profit Growth (%)0.00%-200.23%258.28%-74.01%-38.10%73.02%-58.11%129.97%-30.95%-130.14%210.78%

State Trading Corporation of India Ltd (STCINDIA) Growth

Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-100%
Compounded Profit Growth
10 Years:8%
5 Years:15%
3 Years:41%
TTM:28%
Stock Price CAGR
10 Years:2%
5 Years:9%
3 Years:28%
1 Year:123%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

State Trading Corporation of India Ltd (STCINDIA) Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital60606060606060606060606060
Reserves-1,177-1,567-2,412-1,883-2,345-3,076-3,692-4,573-4,686-4,733-4,815-4,762-4,739
Borrowings3,8472,6912,4732,5192,8012,8522,9492,1811,9891,9871,9871,9871,981
Other Liabilities3,7843,3183,2113,9794,3424,4535,1265,1405,1375,0485,0755,0635,067
Total Liabilities6,5134,5023,3324,6764,8584,2904,4432,8082,4992,3612,3072,3472,369
Fixed Assets606569964950934918904887871000
CWIP10910012002000
Investments0000000000000
Other Assets6,4434,4283,2623,7103,9073,3553,5231,9031,6121,4882,3072,3472,369
Total Assets6,5134,5023,3324,6764,8584,2904,4432,8082,4992,3612,3072,3472,369

State Trading Corporation of India Ltd (STCINDIA) Reserves and Borrowings Chart

State Trading Corporation of India Ltd (STCINDIA) Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -1,00453416124-153712071,371-449-1945-63
Cash from Investing Activity 146162629333627376143782
Cash from Financing Activity 324-701-385-93131-106-229-901-200-200
Net Cash Flow-666-162-207-437-214497-273-531219

State Trading Corporation of India Ltd (STCINDIA) Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days41444661919975521202
Inventory Days7100020000
Days Payable26187182287825229
Cash Conversion Cycle21273943699267-3-3-27
Working Capital Days23102-6-20-50-61-140-441-5,244
ROCE %11%17%35%47%23%87%

State Trading Corporation of India Ltd (STCINDIA) Financial Efficiency Indicators Chart

State Trading Corporation of India Ltd (STCINDIA) Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters90.00%90.00%90.00%90.00%90.00%90.00%90.00%90.00%90.00%90.00%90.00%90.00%
FIIs0.00%0.00%0.01%0.00%0.00%0.00%0.00%0.01%0.00%0.00%0.00%0.00%
DIIs1.79%1.12%1.01%1.01%1.01%1.01%1.01%1.01%1.01%1.01%0.63%0.62%
Government0.08%0.08%0.08%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public8.13%8.80%8.90%8.99%8.99%8.99%8.99%8.98%9.00%8.99%9.36%9.39%
No. of Shareholders24,28423,50324,44324,45223,67423,39123,13423,15722,00121,71121,68122,081

State Trading Corporation of India Ltd (STCINDIA) Shareholding Pattern Chart

No. of State Trading Corporation of India Ltd (STCINDIA) Shareholders

This stock is not held by any mutual fund

State Trading Corporation of India Ltd (STCINDIA) ROCE Trend

State Trading Corporation of India Ltd (STCINDIA) EPS Trend

State Trading Corporation of India Ltd (STCINDIA) Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)8.74-13.54-7.82-18.88-147.17
Diluted EPS (Rs.)8.74-13.54-7.82-18.88-147.17
Cash EPS (Rs.)5.30-14.47-5.76-16.42-144.59
Book Value[Excl.RevalReserv]/Share (Rs.)-931.14-939.88-926.57-918.75-899.87
Book Value[Incl.RevalReserv]/Share (Rs.)-783.71-792.45-778.90-771.08-752.21
Revenue From Operations / Share (Rs.)0.000.0041.63489.451483.91
PBDIT / Share (Rs.)6.285.23-5.84-2.84-2.25
PBIT / Share (Rs.)6.285.23-8.49-5.42-4.83
PBT / Share (Rs.)6.00-6.91-8.38-19.00-149.84
Net Profit / Share (Rs.)5.30-14.47-8.41-19.00-147.17
NP After MI And SOA / Share (Rs.)5.30-14.47-8.41-19.00-147.17
PBDIT Margin (%)0.000.00-14.03-0.58-0.15
PBIT Margin (%)0.000.00-20.39-1.10-0.32
PBT Margin (%)0.000.00-20.11-3.88-10.09
Net Profit Margin (%)0.000.00-20.19-3.88-9.91
NP After MI And SOA Margin (%)0.000.00-20.19-3.88-9.91
Return on Networth / Equity (%)-0.560.000.000.000.00
Return on Capital Employeed (%)-0.80-0.661.430.930.86
Return On Assets (%)1.35-3.76-2.13-4.56-31.44
Total Debt / Equity (X)-0.35-0.35-0.35-0.36-0.38
Asset Turnover Ratio (%)0.000.000.101.112.46
Current Ratio (X)0.330.320.070.080.13
Quick Ratio (X)0.330.320.070.080.13
Interest Coverage Ratio (X)19.4416.18-18.26-2.34-0.08
Interest Coverage Ratio (Post Tax) (X)17.27-7.22-26.64-4.48-0.08
Enterprise Value (Cr.)2380.802532.222344.152125.412778.05
EV / Net Operating Revenue (X)0.000.009.380.720.31
EV / EBITDA (X)63.1480.64-66.86-124.73-205.48
MarketCap / Net Operating Revenue (X)0.000.001.780.060.09
Price / BV (X)-0.07-0.10-0.08-0.03-0.15
Price / Net Operating Revenue (X)0.000.001.780.060.09
EarningsYield0.07-0.14-0.11-0.61-1.07

State Trading Corporation of India Ltd (STCINDIA) Profitability Ratios (%)

State Trading Corporation of India Ltd (STCINDIA) Liquidity Ratios

State Trading Corporation of India Ltd (STCINDIA) Liquidity Ratios (%)

State Trading Corporation of India Ltd (STCINDIA) Interest Coverage Ratios (X)

State Trading Corporation of India Ltd (STCINDIA) Valuation Ratios

Fair Value / Intrinsic Value of State Trading Corporation of India Ltd (STCINDIA)

Fair Value: ₹2928.24

The stock is undervalued by 1,664.00% compared to the current price ₹166

*Investments are subject to market risks

Strength and Weakness of State Trading Corporation of India Ltd (STCINDIA)

StrengthWeakness
  1. The stock has a high average ROCE of 18.33%, which is a positive sign.
  2. The stock has a low average Working Capital Days of -57.33, which is a positive sign.
  1. The stock is trading at a high valuation with an average P/B ratio of -1.45 and average Dividend Yield of -4.36%.
  2. The stock has a high average Cash Conversion Cycle of 27.08, which may not be favorable.
  3. The company has higher borrowings (2,480.31) compared to reserves (-3,420.00), which may suggest financial risk.
  4. The company has not shown consistent growth in sales (28.08) and profit (-353.23).

Should I Buy State Trading Corporation of India Ltd (STCINDIA) Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in State Trading Corporation of India Ltd (STCINDIA):
    1. Net Profit Margin: 0.00%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: -0.80% (Industry Average ROCE: 6.76%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. Interest Coverage Ratio (Post Tax): 17.27
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    4. Quick Ratio: 0.33
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    5. ✗ Stock P/E: 25.3 (Industry average Stock P/E: 20.42)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    6. ✓ Total Debt / Equity: -0.35
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in State Trading Corporation of India Ltd (STCINDIA). Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE